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Adani saga spotlight shifts to Indian regulator, shares skid again

India's market regulator is set to brief the federal government on its investigation into Adani group's shelved share sale, two sources said, thrusting the...

Adani Enterprises shares suspended as price slumps again

Shares in the flagship firm of beleaguered Indian tycoon Gautam Adani were repeatedly suspended on Friday as a rout triggered by allegations of accounting...

Gautam Adani loses Asia’s richest crown

Shares in Indian tycoon Gautam Adani's conglomerate plunged again on Wednesday as a rout in his companies deepened to $84 billion in the wake...

Adani’s market loss swells to $70 billion

Adani group shares extended their sharp falls on Monday as the Indian conglomerate's rebuttal of a US short-seller's criticism failed to pacify investors, driving...

Indian shares log worst day in two months

Indian shares suffered their steepest drop in two months on Thursday, in a broad-based decline after the US Federal Reserve signalled that the interest...

Elon Musk sells Tesla shares worth $3.95 bln days after Twitter takeover

Tesla Inc Chief Executive Officer Elon Musk has sold 19.5 million shares of the electric vehicle maker worth $3.95 billion on Tuesday, according to...

Europe: Shares drop as inflation, slowdown fears grip markets

Europe's STOXX 600 share index fell on Friday as concerns grew that major global central banks would retain their aggressive stance on inflation, with...

Twitter slides after Musk’s $44 bln deal falls apart

Shares of Twitter Inc fell about 6% in premarket trading on Monday as a legal tussle between Elon Musk and the social media company...

Indian shares log biggest weekly drop in a month

Indian shares fell more than 1% on Friday and posted their biggest weekly loss in a month as investors shunned risky assets on worries...

Alibaba stock falls, then recovers, after state media report

Alibaba shares fell as much as 9% on Tuesday after a state media report that Chinese authorities had taken action against an individual surnamed...

Tesla loses $126 bln in value amid Musk Twitter deal funding concern

Tesla lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his...

Gap falls through the inflation gap

Gap has highlighted the uncertainty facing clothing retailers. Shares in the San Francisco-based purveyor of jeans and casual sweatshirts fell over 19% in Friday...

Netflix feels the heat as pandemic boom fizzles

Netflix shares lost more than a quarter of their value in premarket trading on Wednesday after the company reported its first drop in subscribers...

Saudi Arabia transfers Aramco shares worth $80 bln to state fund

DUBAI: Saudi Arabia's Crown Prince Mohammed bin Salman has transferred 4% of Saudi Aramco shares worth $80 billion to the kingdom’s sovereign wealth fund,...

Saudi Arabia transfers 4% of Aramco shares to sovereign wealth fund

CAIRO: Saudi Arabia's Crown Prince Mohammed bin Salman announced the transfer of 4% of Saudi Aramco shares to the Public Investment Fund, Saudi Arabia's...

Meta shares sink 20pc as Facebook loses daily users for the first time

Facebook owner Meta Platforms Inc's (FB.O) shares plunged more than 20% late on Wednesday after the social media company posted a weaker-than-expected forecast, blaming Apple's...

Apple’s stock racks up biggest one-day gain since July 2020

Apple Inc's(AAPL.O) shares rallied nearly 7% in its biggest one-day percentage jump in a year and a half after the iPhone maker reported blockbuster...

Lufthansa is set to buy 40% stake in Alitalia’s successor ITA

MILAN: Germany's Lufthansa (LHAG.DE) is set to buy a 40% stake in state-owned Alitalia's successor ITA Airways and a deal could be unveiled next week,...

Elon Musk sells nearly $7 bln worth of Tesla shares this week

Tesla CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric car company this week, taking advantage of a meteoric...

GameStop hires Amazon executive as chief growth officer

The company’s shares, which were at the heart of a Reddit-driven retail trading frenzy early this year, rose nearly 5% in pre-market trading.
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